Was Post-Fed Chair Speech Rally a Market Overreaction?
This article was originally published on ETFTrends.com.
U.S. equities rejoiced in the form of a 600-point rally in the Dow Jones Industrial Average as a result of Federal Reserve Chairman Jerome Powell’s speech at the Economic Club of New York on Wednesday where he sounded more dovish on the central bank’s inclination to hike rates further. However, some analysts view the post-Powell speech [...]